PMC Bank Scheme

Following the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd. (PMC Bank) with Unity, as announced in 2022, we remain committed to serving the existing customers and stakeholders of PMC Bank.

For Retail Depositors

Eligibility under Amalgamation Scheme

For deposits less than ₹5 Lakhs


Customers with less than ₹5 Lakhs deposit are eligible for getting their entire balance and interest.

For deposits from ₹5 - ₹15 Lakhs


Customers with between ₹5 - ₹15 Lakhs deposit are eligible for getting their entire deposit by 2027.

For deposits more than ₹15 Lakhs


Customers with more than ₹15 Lakhs deposit are eligible for getting their entire deposit by 2032.

How to access your funds?


Steps to transfer your account from PMC to Unity Bank and access your funds.

  • Download Unity Mobile App and Update Profile

    Download the app and Update the profile with PMC A/C details
    ,ID Proof (PAN, Aadhar, etc.)


  • View Balance by 2nd half of Mar* 2022

    View your account balance in PMC Account
  • Access funds (Up to ₹5 Lakhs)

    To be confirmed. After approval of claim and receiving money from DICGC.

DICGC will verify and approve the claim, and then transfer the funds, post which you can access it from your Unity Bank Account.

Once money from DICGC is received, you can withdraw / transfer your funds through cheque (to be provided later), or through NEFT / RTGS transactions, or through cash withdrawal at the branch.

We encourage you to maintain the balance in your new Unity Bank account (once claim funds are received) and earn a healthy (or you can open new Unity Bank and earn 7% p.a. interest). T&C applied

In case you are unable to complete KYC online, please visit nearest Unity SFB branch (former PMC branch). Please carry valid KYC documents (PAN, Aadhaar, Voter ID, Passport ID, DL).